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Friday 12th of March 2010

News Tag: Land Registry

December 30, 2009

Official: house prices rise for six consecutive months

by Gill Montia
”Official:
Land Registry data for November show the average house price in England and Wales rising for the sixth consecutive month, to £161,554. The value of a typical home increased 0.9%, taking the annual decline to just 0.3%, or £8,800 above its April nadir. Wales experienced the greatest monthly rise with a positive movement of 2.9%. However, London continued to lead the way ...



November 28, 2009

Official figures show October house price rise

by Gill Montia
”Official
Land Registry figures shows house prices in England and Wales rising 0.6% in October 2009, compared to a month earlier. The average value of a home increased for the fifth successive month, to £159,546, with the annual decline falling back to minus 3.4%. The North West of England saw the biggest monthly gain, at 1.9%, followed by the North East and South ...



October 28, 2009

Land Registry reports 0.9% rise in house prices in September

by Kay Murchie
Land Registry reports 0.9% rise in house prices in September
The Land Registry has today reported a rise in house prices in England and Wales in September. According to the Registry, house prices rose by 0.9% in September compared with August putting the average cost of a home at £158,377. It must be noted that the Land Registry compiles its data from completed transactions and therefore lags behind other ...



October 22, 2009

Land Registry to close quarter of offices and axe 1500

by Kay Murchie
”Land
According to The Times, the Land Registry is today set to announce plans to close 25% of its national offices, which will result in 1,500 job losses. The Registry, which has 20 offices across the country, covers England and Wales and records and guarantees the ownership of domestic and commercial property. The organisation enables anyone to find out ...



September 28, 2009

Official: house prices remained flat in August

by Gill Montia
”Official:
New figures from the Land Registry show house prices in England and Wales remaining largely flat in August with an average 0.1% fall across the regions, when compared to July. The news follows a rally in July when prices put on an average 1.7%, compared with June, marking the biggest monthly increase since July 2004. However, last month the average property lost ...



August 29, 2009

Official figures show 1.7% rise in house prices

by Gill Montia
”Official
Official figures show house prices in England and Wales rising by 1.7% in July, compared with June, marking the biggest monthly increase since July 2004. According to Land Registry data all regions recorded a monthly rise in values, nudging the average cost of a home up to £155,885 (from £153,046 in June) and easing the annual rate of fall to ...



August 19, 2009

Land Registry workload “fallen off a cliff”

by Gill Montia
”Land
In presenting its 2008/09 annual report, the Land Registry describes its core businesses as having "collapsed" as the property downturn deepened. The service's work registering new homes in England and Wales plummeted by 75% compared to a year earlier and total applications handled in the year to the end of March fell to 26.7 million, compared with 36.3 million during the ...



July 28, 2009

Land Registry detects 0.1% jump in house prices

by Gill Montia
”Land
Monthly figures from the Land Registry show house prices in England and Wales rising in June, for the first time since January 2008. The average cost of a home jumped 0.1% compared with May, to £153,046. However, the increase leaves prices 14% lower than a year earlier and the Registry cautions that the size of the June movement "does ...



July 6, 2009

Land Registry fees increase from today

by Gill Montia
”Land
The Land Registry, which records and guarantees the title of property in England and Wales, has increased certain of its fees from today, 6th July. The Government body needs the additional revenue to help reduce operating losses caused by the collapse of the UK housing market. The increases mean that the fee for registering a property worth £100,000 has risen from £100 ...



June 26, 2009

Official figures show house price slide easing to 0.2%

by Gill Montia
”Official
Latest figures from the Land Registry show house prices in England and Wales declining by 0.2% in May, with the average property worth £152,497. While the monthly change remained negative, the rate of fall eased from 0.3% in April and the annual rate of decline fell back to 15.9% compared with 16.2% in April. In May, London saw house prices ...



June 1, 2009

Land Registry tracks 0.3% April fall in house prices

by Gill Montia
Land Registry tracks 0.3% April fall in house prices
House prices in England and Wales fell 0.3% in April, according to Land Registry data. The shift left the annual rate of decline steady from March at 16.2% and the average cost of a home at £152,898 or £29,659 less than a year earlier. The North East saw the most significant price fall during the month, with a movement of ...



April 15, 2009

Land Registry hikes fees to make ends meet

by Gill Montia
Land Registry hikes fees to make ends meet
A victim of the housing market downturn, the Land Registry is increasing its registration fees for properties in England and Wales. From 6th July the cost of registering an average first-time buyer property worth £100,000 will rise from £100 to £130. The fee for a home worth £150,000 is increasing from £150 to £200, while registration of a one million ...



March 29, 2009

Land Registry reports 16.5% annual fall in house prices

by Gill Montia
Land Registry reports 16.5% annual fall in house prices
Official figures from the Land Registry show house prices in England and Wales falling a further 2% during February, taking the annual rate of decline to 16.5% and marking 18 consecutive months of sliding values. According to the data, the average price of a house now stands at £153,862, a level last seen in September 2004. By comparison, ...



March 1, 2009

Land Registry reports 15.1% annual fall in house prices

by Gill Montia
Land Registry reports 15.1% annual fall in house prices
The Land Registry has become the latest contributor to depressing statistics on the UK housing market. The body, which reports one month behind other house price commentators, calculates that in January house prices in England and Wales were 15.1% lower than a year earlier. The average value of a home fell 0.8% on December, marking the 17th consecutive monthly ...



January 30, 2009

Land Registry reports 13.5% fall in house prices

by Gill Montia
Land Registry reports 13.5% fall in house prices
The Land Registry has reported that house prices in England and Wales fell by 13.5% in 2008, with the average value of a home dipping a further 2% in December, to £158,846. By way of comparison, yesterday Nationwide reported an annual decline of 15.9% in December. According to the Registry, Wales was the only region to record a month-on-month rise ...



December 30, 2008

Land Registry detects 12.2% slide in house prices

by Gill Montia
Land Registry detects 12.2% slide in house prices
The official record of the collapse of the housing market in England and Wales has been updated by latest figures from the Land Registry. In November, the Registry noted a 1.9% fall in the average cost of a home, taking the annual decline to 12.2%. The pace of decline accelerated in October when prices fell 1.5% on a monthly basis and ...



November 28, 2008

Land Registry reports 10.1% annual fall in house prices

by Gill Montia
Land Registry reports 10.1% annual fall in house prices
Latest figures from the Land Registry show house prices in England and Wales falling by an annual 10.1%, in October. The average value of a home declined 1.5% during the month, to £165,529, a figure last seen in mid-2006. The Registry compiles its data from completed transactions and therefore lags behind other monitors of the housing market. By comparison, ...



October 28, 2008

Land Registry records 8% decline in house prices

by Gill Montia
Land Registry records 8% decline in house prices
The Land Registry has published house price data for September, showing the cost of the average home down 2.2% (£5,700) during the month, to £168,814. The decline means that house prices in England and Wales have fallen 8% over the year, although the rate of decline accelerated last month, from 4.6% in August. Wales saw the biggest monthly fall with ...



September 26, 2008

Average house price down 4.6%

by Gill Montia
Average house price down 4.6%
The Land Registry has published its house price index for August, showing a 4.6% annual fall in the average cost of a home, to £174,439. The monthly decline stood at 1.9%, which compares with a monthly fall of 0.6% in July. The average house price in England and Wales has now returned to the level recorded in spring 2007, but with significant regional variations. In ...



September 9, 2008

House price crash too much? Check out Land Registry data

by Gill Montia
House price crash too much? Check out Land Registry data
Each month the Land Registry publishes data on the UK housing market, with the figures one month behind those of other leading commentators. However, the Land Registry's tables are based on completed transactions and as such form the most reliable source of data on house prices. The latest figures available show that in July, house prices in England and ...